Macquarie Professional Series
The Arrowstreet Global Equity Fund holds a portfolio of between 150 to 400 global stocks.
The Arrowstreet Global Equity Fund offers:
The unique investment strategy of the Arrowstreet Global Equity Fund may suit investors looking for long term growth, seeking to invest for seven years or longer. The minimum application for the Arrowstreet Global Equity Fund is $20,000.
Alternatively a hedged version of this fund is available.
|PDS||Additional Information to the PDS||Fund review||Fact sheet||Manager article|
Application form (22 June 2012)
|Fund name||Arrowstreet Global Equity Fund|
|Investment manager||Arrowstreet Capital, L.P., Boston, Mass.|
|Investment objective||To seek to achieve a long-term (at least 7 years) total return before fees and expenses that exceeds the MSCI All Country World Index ex Australia, in $A unhedged with net dividends re-invested|
|Investment approach||Active, quantitative investment approach that seeks to capitalise on opportunities across a broad universe of stocks|
International shares: 95% to 100%
Cash: 0% to 5%
|Distributions||Twice annually as (June and December)|
|Inception date||18 December 2006|
|Benchmark||MSCI All Country World Index ex Australia in A$ (unhedged) with net dividends re-invested|
|Number of stocks||Generally 150-400|
|Buy/sell spread||+0.17% / -0.14%|
|Management fee||1.28% (inclusive of GST)|
Arrowstreet Capital LP (Arrowstreet) is a global equity manager based in Boston, Massachusetts. Arrowstreet was formed in July 1999 and is registered with the Securities and Exchange Commission of the U.S. Arrowstreet is structured as a limited partnership that is wholly owned and controlled by its senior professionals. As at 31 December 2011, they managed over $US34 billion in assets for its clients globally, which include pension funds, foundations and corporations.
Arrowstreet’s investment process uses forecasting models that combine the experience and judgement of Arrowstreet’s investment team with quantitative analysis to forecast individual stock returns. Stock forecasts are based upon a diverse set of predictive factors that can be categorised as value, momentum, earnings, high frequency and currency signals.
Value signals allow the strategy to identify stocks that are either undervalued or overvalued relative to fundamentals.
Momentum signals allow the strategy to identify stocks that are expected to outperform based on the slow reflection of information in security prices and the speculative behaviour of investors.
Earnings signals help the strategy identify future profits and changes in market sentiment.
High frequency signals, such as price patterns, help identify short-term opportunities and are useful in timing longer term trades driven by value, momentum or earnings considerations.
Currency signals help improve the currency exposure in a given portfolio.
In constructing the final portfolio, Arrowstreet uses an optimisation process to balance the trade-off between a stock’s expected return, its contribution to portfolio risk, and its trading costs.
|Lonsec||Highly Recommended ∼|
|van Eyk||Highly Rated *|
To invest in the Arrowstreet Global Equity Fund:
GPO Box 2912
Brisbane QLD 4001
Or fax to 1800 219 334
If you have any questions regarding the application process please contact us on:
Phone 1800 214 616
Or click here to be contacted by a Macquarie Business Development Manager.
Phone 02 8232 7017
Master trusts and wrap operators
Phone 1800 214 616
Call your financial adviser or Macquarie on 1800 214 616
Call: 1800 214 616
Fax: (02) 8232 9435